0.16 Acres of Land for Sale in Olean, New York

$195,000|Listed: Jun 1, 2026

MLS#200499551

3027 NYS Route 417, Olean, Cattaraugus County, New York

Status:Active

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Property Type

Acreage

0.16 acres

County

Cattaraugus

Format

Sale

Description

JUST REDUCED!!! ACT NOW!!! High-visibility commercial building on Route 417 in the Village of Allegany. This block-and-brick property offers excellent potential for a wide range of businesses with C2 Highway Commercial zoning.

The building features a large open shop area with concrete floors, high ceilings, and an overhead bay entry for easy access. At the front, a dedicated office/showroom with large display windows provides street presence and natural light. Amenities include a restroom, utility area, and on-site parking.

Recent updates include a new hot water tank and PEX plumbing upgrades, giving peace of mind and reducing future maintenance needs.

The lot measures 57 x 125 ft (7,012 sq. ft.), and the location places you just minutes from Olean and St. Bonaventure University. With public utilities and steady traffic along Route 417, this property combines function, visibility, and investment potential.

Whether you’re looking for an owner-occupied shop, rental investment, or redevelopment project, 3027 Route 417 is a versatile property ready for your next chapter.